R/€ = 15.09
R/$ = 14.21
Au 1071.55 $/oz
Pt 853.50 $/oz
Nov 06, 2008
Real Economy ReportBack
© Reuse this From Creamer Media in Johannesburg, this is the Real Economy Report. Our top stories this week: we look at the state of the South African shipping industry, a rail link is planned between Mpumalanga and Tshwane and, a standard for energy efficiency in buildings is published.
The local shipping industry has been brought under the spotlight. Keith Campbell has the story.
The current state and possible future of the South African shipping industry was the subject of a recent workshop hosted by the Industrial Development Corporation. One of the delgates, South African Association of Ship Operators and Agents chairperson Andrew Thomas, explains the challenges facing the local industry.
South African Association of Ship Operators and Agents chairperson Andrew Thomas
The South African shipping industry is larger than many realise. Andrew Thomas gives an overview.
Join us after the break where we discuss a new rail link between Mpumalanga and Tshwane.
Commuters between Mpumalanga and Tshwane may soon make use of a new high-speed rail link, similar to the Gautrain. Irma Venter has the story.
By 2011 commuters will be able to get out of their cars and into the Gautrain, a specialised high-speed rail link between Johannesburg and Tshwane, currently under construction. However, this train, the first of its kind in South Africa, has now also inspired a new project - the Moloto rail corridor. Gauteng MEC for Public Transport, Roads and Works Ignatius Jacobs explains why government has decided the Mpumalanga - Tshwane corridor also needs a high-speed rail link.
Gauteng MEC for Public Transport, Roads and Works Ignatius Jacobs
Jacobs says government is using Gautrain expertise to develop the Moloto rail corridor, and that an announcement on the project will be made soon.
After years of research and development, the energy efficiency standard for buildings has been published, and paves the way for regulation of energy efficiency in this sector.
Christy van der Merwe:
The standard for energy efficiency in new buildings, SANS 204, has been published by the South African Bureau of Standards. It deals with all buildings, from housing, and schools, to clinics, office blocks and industrial buildings.
This means that building plans must consider energy efficiency, for the plan to be approved by the local authority.
SANS 204 working group, Chairperson, Lisa Reynolds:
At the moment SANS 204 has just been published, and it will be published as a voluntary standard. That is how it works. And once it is in existence, it can now be regulated, and we will liaise with the DME and the DTI to get it regulated and it will become part of the building code.
Christy van der Merwe:
The residential sector has lagged behind the mining and industrial sectors in energy conservation, but can make big changes.
Every building that is built energy inefficiently is a tragedy, if we look at how development has been halted by the lack of energy capacity, and we have had this booming building industry, which has not, is not, not growing anymore, but it has gone down phenomenally in the small time, and a big portion of this has been the energy shortage. So if we could build every building energy efficiently that basket of energy that we have saved can go towards other buildings to built and for new progress and things like that, so the significance is huge
The standard is quite easy to read, its in two parts, the first part is the performance parameters, the second part is what we call the deemed to satisfy
Deemed to satisfy is almost the recipe that, if you follow that recipe, you will get an energy efficient building. Its very very clear what you have to do, there is no rocket science in it. But obviously for the people who want to design buildings differently, they will do what we call a rational design, and in your rational design, then you will have to demonstrate that your building uses the proper amount of energy required, and it doesn't exceed the maximum energy demand.
Christy van der Merwe:
And what kind of energy savings can be achieved through implementation of the standards?
In our calculations, we have modelled a few types of buildings, and really the potential ranges from 10% to 60% saving in your house, depending on your base case scenario, so there is a lot of potential to do it.
And now for a sneak preview of this week's Engineering News magazine:
We report how trilateral trade among India, Brazil and South Africa is surging, but economic relations are still well below potential
Read how Eskom is targeting big energy users for mandatory savings
And, Isuzu says that the Rand's retreat is adding complexity to the truck market
And in Mining Weekly this week:
Read how a women-led black-owned manganese start-up delivers R223-million to its shareholders
We report that a gold price of 900 to 1 000 dollars an ounce is needed to arrest declining gold production
And, read how Gold Fields CEO Nick Holland is confident that the world will begin to see a higher gold price in 2009
That's Creamer Media's Real Economy Report. Join us again next week for more news and insight into South Africa's real economy.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Real Economy Report
Updated 34 minutes ago The share price of Coal of Africa (CoAL) shot up 14.81% in Johannesburg on CoAL’s takeover offer of $91-million for Universal Coal, which had been pursued by IchorCoal. The deal is to be funded $36.8-million through loan notes, $25.7-million from internal cash...
Updated 35 minutes ago Future studies researcher and specialist Professor Sohail Inayatullah will deliver an interactive master class on strategic foresight and strategy development in Johannesburg early next month. The Pakistani-born Australian academic is a fellow of the World Futures...
Updated 40 minutes ago Sixteen South Africans are among New African magazine’s 100 Most Influential Africans, including the country’s students – following the recent ‘feesmustfall’ protests that swept across universities in all provinces. Those listed came from a range of sectors including...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
This Week's Magazine
Additive manufacturing, better known as 3D printing, has the potential to completely change the relationships between individual consumers, professional designers and manufacturers. So argued Loughborough University Reader in Computer Aided Product Design Dr Ian...
Airbus Defence and Space: Military Aircraft has highlighted that its A330 Multirole Tanker Transport (MRTT) has significant commonalities with the Airbus A330-200 commercial airliner, upon which it is based. The South African Air Force (SAAF) once operated a fleet of...
Financial services provider Nedbank launched the second edition of its Carbon Footprinting Guide earlier this month, which is aimed at demystifying carbon footprint approaches and help readers grasp the main concepts of carbon measuring, monitoring, reporting and...
This year marks the thirtieth anniversary of Caterpillar’s first backhoe loader. This also coincides with the worldwide release of its latest-generation F2 series backhoe loader, which was launched at supply chain services company Barloworld Logistics’ Big Dig Day in...
A shortage of software engineers is leading to fewer information technology (IT) projects in private and public sector organisations. This also places a dampener on the economy, as IT is an integral part of business and civil service, says University of Witwatersrand...